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Tucson ranks among hottest rental markets in nation

It’s no news that Tucson’s housing market is firmly in sellers’ hands; houses for sale can receive more than a dozen offers in their first days on the market, often for tens of thousands more than their asking price. But a new report from RENTCafé indicates that mid-sized markets such as Tucson are also leading in rental competitivity, fueled by the housing market.  The market report, “The Hottest U.S. Rental Markets: Mid-sized Hubs Take the Lead in Competitivity,” found that 96% of apartments in Tucson are occupied with an average of 14 prospective renters per apartment, placing Tucson as the 15th most competitive rental market in the nation. This ranks Tucson alongside cities like Colorado Springs, Boise and Sacramento. 

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